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POSCO raises the bar in bid to acquire Senex

Warrego
Senex Energy has received an improved non-binding proposal from Korean bidder POSCO International to acquire 100 per cent of shares in the company for $4.60 per share by way of a scheme of arrangement.  The revised proposal follows the submission of three pair non-binding proposals on 30 July at $4.00 per share; on 27 August …
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